Since breads are not high on sugar, the only ingredient that will cause the immediate increase in bread prices is flour, but the Trade department assured consumers that the price of Harinang Pinoy will remain stable until Christmas.

A group of bakers, mostly Pinoy Tasty and Pinoy Pandesal makers, announced Friday there will be no price increases for their baked goods this Christmas season.
In a meeting with the Trade department, members of the Philippine Baking Industry Group made known their commitment to maintain the current price of P35 per loaf of Pinoy Tasty and P21.50 per 10-piece pack of Pinoy Pandesal until the holidays are over.
The group decided to maintain prices in response to the Trade department’s call for manufacturers to refrain from increasing the price of basic commodities this holiday season.
Despite the rising cost of ingredients, PhilBaking said it continues to absorb the additional cost brought about by the increasing prices of raw materials.
But come January, Pinoy breads will increase prices per loaf for Pinoy Tasty and per 10-piece pack for Pinoy Pandesal, said PhilBaking president Paolo Valderama.
“While other products have gone up, Pinoy Tasty and Pinoy Pandesal will remain at P35 and P21.50, respectively, until end of December,” Valderama said.
“Based on the major costs, such as flour, sugar and yeast, there has been an average of 6 percent increase due to the impact of these factors,” he said.
Since breads are not high on sugar, the only ingredient that will cause the immediate increase in bread prices is flour, but the Trade department assured consumers that the price of Harinang Pinoy will remain stable until Christmas.
Bakers are also expecting a P45 increase in flour prices, including Harinang Pinoy, once the price hold-off is lifted by December.

More from this Category:

COMMENT DISCLAIMER: Reader comments posted on this Web site are not in any way endorsed by Manila Standard. Comments are views by manilastandard.net readers who exercise their right to free expression and they do not necessarily represent or reflect the position or viewpoint of manilastandard.net. While reserving this publication’s right to delete comments that are deemed offensive, indecent or inconsistent with Manila Standard editorial standards, Manila Standard may not be held liable for any false information posted by readers in this comments section.